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Feel like i missed a bit of a row.
I have also been getting it right.
I have been asleep all evening getting recharged so that i will get the real feel where Vodafone is going next.
So far i have predicted it would go lower and have been correct.
Will let y'all know what is coming next tomorrow after a good night sleep.
After reading posts on these boards for several years you get to realise there are two types of posters here
those who don't know and those who don't know that they don't know
One thing we do know is this share has been on it's famous ski slope since 2018, will it /can it change direction from here well maybe it can or maybe it will still be the same old underperforming share for the next 5 years or more
after reading about people saying they are thinking of going big into this share, is it worth the risk ?
But whether you agree or not, do us all a favour and give the insults a rest guys, they are not helpful
Sorry Gary, but I think you need to re read your last post to me. On an obnoxious scale of 1 to 10. That has got to be the perfect 10 surely. But seriously mate, you really need to calm down.
Mrcautious. Why is it that someone who is honest about there losses is a man who is panicking, why is that obnoxious? Would you rather I pretend I am making a profit. I am loseing money on vod. I admit it. But am not panicking, because I can afford it. All I ask is for you to be honest, is that too much to ask? Why are you turning this forum into a battle ground? Lets keep it freindly please.
Gary. You are the obnoxious one. You just need to calm down. Time to move on.
Take a look at page 29 (appendix 1V).
Obviously the sales of vantage, hungary, ghana made a dent so that net debt reduction/ progression is improved materially this FY, €33.4Bn vs €41.6Bn last year. So the improvement in net debt to EBITAal ratio is a big + and could improve VODs rating profile. We will probably see something from the rating agencies shortly.
As a lot are saying, VOD may need another big deal to convince the market and perhaps thats UK and/or Spain (Italy could be €11.6Bn) but I think they need the cash flow until all service revenue/ EBITDAal cyclinders firing across the group.
The bond maturity profile on page 29 is not particularly onerous and not a cliff edge as many try to say on here as you can see on the profile. Average c.2.5% coupon out 2063 and VOD can roll the debt forward eg spectrum never wears out. And while there there is a cost too reuse it for 5G etc, the likes of E% are underwriting the future value of technology generation and their governmental/ economic interests. VOD in the meantime has the focus just on getting more subscribers and strategy/ marketing budgets allocated according to MDV. If the 3 UK merger happens the 5G capex will be wrapped up in the deal I imagine and net positive for VOD.
So if debt is an issue, imo its that VOD has a very low coupon rate which makes the bonds less valuable when traded as you can get 5, 6 or 7% elsewhere at the moment and if I was involved would be arbitraging between the SP and the bond price...
So to answer your question, how bad is the debt?. Well, how high are interest rates going to go, and how much will VOD bonds drop in price and how much is hedged to VOD SP? I dont know. But for sure, the interest cost to VOD is very low. Managing the weighted average cost of capital is also made prominent in MDVs slides and she has highlight where she wants improvements.
https://investors.vodafone.com/sites/vodafone-ir/files/2023-05/Vodafone-FY23-Results-Presentation.pdf
Go for it. I’m of the view that there’ll be some TR1 notifications soon.
"I wrote "critical of " VOD , not " critical to " VOD"
Indeed, my mistake.
It's about time VOD delisted from the US, it's doing us no favours and opens the company up to litigation.
Well said & most of us on here agree Mr Cautious. What the obnoxious dannyboy & LTI need to realise is that Porsche keeps getting it right & they keep getting it wrong & that’s why they keep getting poorer. Some fools just never pay attention, shame.
Fleccy
I wrote "critical of " VOD , not " critical to " VOD..
They have had Put Options on and sometimes off the last 3-4 years over there, in fact ever since it dropped below 200p ...a group of players over there seem to have constantly looked to bet against the share price. A few over there just generally have collectively aimed to hit this I think
Type in Tiger Global and Tesco into Google. Do not trust short tracker. These sort of crooks are registered in the Cayman Islands.
Danielh - I dont think you can take it though. Your posts show all of the psychology of a man panicking over his losses which I think is why you are so obnoxious to many people - take comfort in the fact that this is very common on these share BB's...
Pokerchips, please explain why the US is critical to Vodafone?
I'm not asking to be funny, I'm just curious what assets they have in the US apart from a few Submarine Cable Stations and some assets at POP's, and some leased backhaul. I'm not sure they need a US listing unless it's a regulatory requirement for operating the Submarine Cables, but I doubt that's the case.
Just loving this, what a short. I thought my best ever was Aston Martin, from 1740 to .62….a beautiful 6 figure profit in less than 18 months but this is still luverly. You muppets need to get yourselves over to IG and see if you can still get a position at a reasonable price, when the div is cut this will be sub .50p.
I think MDV under promised to exceed on next results.
The share is manipulated to allow big players to buy cheaper.
Who knows…..
"The US has been critical of VOD for 2-3 years now ....and to be honest..to let Germany EBITDA slip by 6.1% ...makes some in the US say " we told you, they weren't performing" ...and this is a slap down to say they were right "
Can you explain why the US is critical for Vodafone?
Mehmehmeh
you cant just speed up deals..... just turns things into a fire sale ...not good
The US has been critical of VOD for 2-3 years now ....and to be honest..to let Germany EBITDA slip by 6.1% ...makes some in the US say " we told you, they weren't performing" ...and this is a slap down to say they were right ....
Harder to put things right than it is to be on the ball in the first place .... still €150m investment in customer experience and €100m added to brand spend should help across the Group
MDV answer on three merger was awefull. It will take as long as it takes.
Sounds like even more slow response to deals
"The US is very unimpressed - oh well, perhaps MDV and van Boxmeer can reflect whether they prepared the ground as well as they could have."
I don't even know why they're listed in the US, they should follow BT and drop their US listing.
Well it is never a good day when you present results and over a 2 day period you reduce your company’s market cap by over £2 billion.
The US is very unimpressed - oh well, perhaps MDV and van Boxmeer can reflect whether they prepared the ground as well as they could have.
In the event that the Voda story has not improved by the time of the next results the large shareholders will be after their heads.
Don’t buy then
So tempted here at these prices and cuurent divi BUT....not sure the divi will be cut and if so by how much
"Big institutions selling" - from the Volume and No. of trades - it looks like PIs that are doing the selling
I bought back in at 89p thinking it was the bottom. I was clearly wrong but thankfully only a smallish punt. How pleased I am about that. Big vote down by the market for Della Valle. Cant say I'm impressed!